Karat Packaging (KRT) Operating Margin (2020 - 2026)
Karat Packaging (KRT) recorded Operating Margin of 27.59% in Q2 2026, up 14.24 percentage points from 13.35% a year earlier and up 20.35 percentage points from the prior quarter.
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Analysis
Karat Packaging (KRT) Operating Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Karat Packaging's Operating Margin came in at 12.79% as of Jun 30, 2026, up 3.08 percentage points year-over-year; for FY2025, it came in at 8.85%, down 0.08 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -0.52 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 8.93% in FY2024 (-1.44 pp), 10.37% in FY2023 (+3.28 pp), 7.10% in FY2022 (+0.74 pp) and 6.35% in FY2021 (-3.02 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin in data going back to Q1 2020.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +1.89 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 14.24 percentage points in Q2 2026, against a drop of 4.84 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.24% (Q1 2026), 7.33% (Q4 2025) and 6.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 999.02 Bn | 955.46 Bn | 49.13 Bn | 4.99% |
| 2 | Costco Wholesale | 473.50 Bn | 396.78 Bn | 12.19 Bn | 3.97% |
| 3 | Kroger | 41.27 Bn | 27.43 Bn | 7.86 Bn | 2.80% |
| 4 | Sysco | 37.80 Bn | 29.72 Bn | 4.05 Bn | 3.30% |
| 5 | Dollar General | 30.21 Bn | 24.89 Bn | 3.68 Bn | 6.81% |
| 6 | Dollar Tree | 26.28 Bn | 22.90 Bn | 2.10 Bn | 14.11% |
| 7 | Caseys General Stores | 25.54 Bn | 23.53 Bn | 1.24 Bn | 8.54% |
| 8 | US Foods Holding | 23.79 Bn | 23.59 Bn | 1.90 Bn | 3.57% |
| 9 | Tractor Supply | 19.46 Bn | 18.61 Bn | 1.42 Bn | 7.87% |
| 10 | Karat Packaging | 731.13 Mn | 560.72 Mn | 77.16 Mn | 27.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.59% |
| Mar 31, 2026 | 7.24% |
| Dec 31, 2025 | 7.33% |
| Sep 30, 2025 | 6.89% |
| Jun 30, 2025 | 13.35% |
| Mar 31, 2025 | 7.55% |
| Dec 31, 2024 | 7.18% |
| Sep 30, 2024 | 9.99% |
| Jun 30, 2024 | 9.87% |
| Mar 31, 2024 | 8.45% |
| Dec 31, 2023 | 4.84% |
| Sep 30, 2023 | 10.78% |
| Jun 30, 2023 | 12.27% |
| Mar 31, 2023 | 13.29% |
| Dec 31, 2022 | 5.19% |
| Sep 30, 2022 | 7.19% |
| Jun 30, 2022 | 6.79% |
| Mar 31, 2022 | 9.00% |
| Dec 31, 2021 | 7.82% |
| Sep 30, 2021 | 5.22% |
API Access
Karat Packaging Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();